Malaysia News Highlights - 28th November 2015

• Bursa Malaysia KLCI (FBM KLCI) opened lower today, weighed down by selling activities in selected heavyweights.
  The FBM KLCI Index fell 3.28 points lower at 1,679.81, after opening 6.16 points easier at 1,676.93.
   
• The ringgit opened lower against the US dollar today on weak buying interest.
   
• European Stocks ended higher on thursday amid hopes for fresh stimulus. Euro rebounding & traded above $1.06 after hitting 7.5mths low amid reports on ECB officials are considering unconventional easing measures,  such as introducing 2 tiered deposit rate.
   
• Gold prices were little changed on thursday as comex floor trading scheduled to remain closed for thanksgiving.
   
• Oil prices fell on thursday amid uncertainty about how quickly the global glut of crude is set to shrink.
   
• M'sia palm oil futures ended 44pts higher on thursday on expected lower output.
   
• AirAsia Bhd sank into the red in its third quarter ended Sept 30, 2015 (3Q15) with a net loss of RM405.72 million, dragged down by a foreign exchange (forex) loss on borrowings and losses from the share of results of associates and jointly-controlled entities, as well as one-off costs related to the sale and leaseback of aircraft.